Dhaniya trading range for the day is 6504-6736 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Turmeric
Turmeric trading range for the day is 7314-7522.
Turmeric dropped as the curbs and lockdowns announced to control the second wave of Covid-19 pandemic affected trading.
However downside seen limited on following export demand from Europe, Gulf countries and Bangladesh.
Turmeric has been in demand over the last two years as it is reported to be effective in medical use, particularly in combating Covid-19.
In Nizamabad, a major spot market in AP, the price ended at 7485.85 Rupees dropped -18.7 Rupees.
Jeera
Jeera trading range for the day is 13155-13545.
Jeera prices dropped as lockdown restrictions increased against rising Covid cases.
As India struggles against curbing the Corona pandemic, exports markets have turned subdued.
The importers prefer to wait for the situation to normalize before negotiating for fresh deals.
In Unjha, a key spot market in Gujarat, jeera edged down by -111.75 Rupees to end at 13588.25 Rupees per 100 kg.
Dhaniya
Dhaniya trading range for the day is 6504-6736.
Dhaniya ended with losses as mandis across Rajasthan was affected due to the rapidly growing cases of corona virus.
However, downside seen limited as sentiments are much better due to higher export demand and less stock in the pipeline
According to FISS the production of coriander from the country this year will increase by 2.3% compared to last year.
In Kota spot market in Rajasthan the prices dropped -28 Rupees to end at 6877.65 Rupees per 100 kg.
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
